National

The Minister of State for Petroleum Resources, and Oil, HEINEKEN LOKPOBIRI has announced the removal of the signature bonus requirement in bidding for oil blocks in a bid to attract fresh investments and ramp up oil output. LOKPOBIRI disclosed this yesterday on the sidelines of the ongoing 2024 Offshore Technology Conference, OTC, in HOUSTON, TEXAS. A signature bonus is a single, non-recoverable lump sum payment made upfront by oil companies to the government for the rights to develop an oil […]

The Special Adviser to the President on Information and Strategy, BAYO ONANUGAyesterday said his principal President BOLA TINUBU is expected to return to the country today. ONANUGA in a post on his official X handle,said TINUBU is expected to touch down in the country today following concerns over his whereabouts as he is yet to return to the country after travelling to SAUDI ARABIA for a World Economic Forum in RIYADH from the Netherlands. Amid the speculations, the Minister of State for Health and Social Welfare, TUNJI ALAUSAyesterday said the president’s absence was not related […]

The Special Adviser to the President on Information and Strategy, BAYO ONANUGAyesterday said his principal President BOLA TINUBU is expected to return to the country today. ONANUGA in a post on his official X handle,said TINUBU is expected to touch down in the country today following concerns over his whereabouts as he is yet to return to the country after travelling to SAUDI ARABIA for a World Economic Forum in RIYADH from the Netherlands. Amid the speculations, the Minister of State for Health and Social Welfare, TUNJI ALAUSAyesterday said the president’s absence was not related […]

The Special Adviser to the President on Information and Strategy, BAYO ONANUGAyesterday said his principal President BOLA TINUBU is expected to return to the country today. ONANUGA in a post on his official X handle,said TINUBU is expected to touch down in the country today following concerns over his whereabouts as he is yet to return to the country after travelling to SAUDI ARABIA for a World Economic Forum in RIYADH from the Netherlands. Amid the speculations, the Minister of State for Health and Social Welfare, TUNJI ALAUSAyesterday said the president’s absence was not related […]

Vice President KASHIM SHETTIMA has departed Abuja for DALLAS, United States of America, to represent President BOLA TINUBU at the 2024 US-Africa Business Summit hosted by the Corporate Council on Africa. His Senior Special Assistant on Media and Communications, STANLEY NKWOCHAyesterday said his principal will join other political and business leaders across Africa, the United States of America, and beyond for the summit featuring high-level dialogues, networking business sessions, and the plenary. Apart from the summit plenary, SHETTIMA is expected to speak at the Roundtable on […]

President BOLA TINUBU has told Nigerian workers that an upward review of the minimum living wage is forthcoming, lauding them for their hard work and fidelity to the nation’s progress. The Special Adviser to the President on Media and Publicity AJURI NGELALE whodisclosed this in a statement yesterdaycommemorating this year’s Worker’s Daystressed that worker’s welfare remains a priority to TINUBU’s government. The President affirmed that his administration remains committed to improving the welfare of all workers, noting the various relief programs, including the wage […]

The Minister of Transportation SAID ALKALIyesterday inaugurated commercial train operations along the Port Harcourt-Aba rail line for public use. ALKALI during the inauguration launched commercial services along the 62-kilometre Port-Harcourt-Aba corridor and indicated that the event was part of the Federal Government’s efforts to boost trade, improve mobility, and ensure connectivity between southern and northeastern Nigeria. The Minister said the rehabilitation project was contracted to China Civil Engineering and Construction Company by the Federal Ministry of Transportation with an expected completion […]

The Federal Government has approved a salary increase of between 25% and 35% for civil servants on the remaining six Consolidated Salary Structures with effect from January 1st, 2024, and an increase in pension of between 20% and 28% for pensioners on the defined benefits scheme concerning the six consolidated salary structures. The Salary Structure includes the Consolidated Public Service Salary Structure, Consolidated Research and Allied Institutions Salary Structure, Consolidated Police Salary Structure, Consolidated Para-military Salary Structure, Consolidated Intelligence […]

The Minister of Power ADEBAYO ADELABUsays the Federal Government requires 10 billion dollars in annual investment to revive the power sector for the next 10 years. ADELABU at a one-day investigative hearingyesterday in Abuja on stopping the electricity tariff increase by the Nigerian Electricity Regulatory Commission, NERC, organized by the Senate Committee on Power said the investment is needed for the infrastructure requirement for the stability of the sector, but the government cannot afford it. The Minister said for them to attract investors and investment, they must make the sector […]